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NEK EAD (Bulgaria)

Main Activities: Hydroelectric Power Generation | Electric Power Transmission, Control, and Distribution
Full name: National Electricity Company EAD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Natsionalna Elektricheska Kompania EAD is a producer of renewable electricity in the country. The company operates dams and hydropower schemes in Bulgaria, with a total installed generating capacity of 2737 MW and pumping capacity of 931 MW. Its main businesses include electricity generation and trading, with the capacity to do cross-border trading. The company also provides water resources for its HPPs and PSHPPs and offers holiday homes for its employees and their families.

Headquarters
ul. Veslets 5
Sofia; Sofia - city; Postal Code: 1000

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Website: http://www.nek.bg

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 28, 1991
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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100%
Subsidiaries
NECO S.A. (Greece)
50%
ZAD Energy AD
48.08%
POD Allianz Bulgaria AD
34%
Company Performance
Financial values in the chart are available after NEK EAD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
57.27%▲
Total operating revenue
28.37%▲
Net Profit (Loss) for the Period
66.63%▲
Total assets
-6.78%▼
Total equity
55.24%▲
Net Profit Margin
1.58%▲
Return on Equity (ROE)
2.43%▲
Debt to Equity Ratio
-0.22%▼
Quick Ratio
-0.77%▼
Cash Ratio
-0.54%▼

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